Logistics is the world of
your new opportunities!

Vice President of Deutsche Bank in New York Mr. B. Bruno and Assistant Vice President of Deutsche Bank AG (Frankfurt-on-Main) Mr. D. Mazur held the training courses for specialists of the banking and financial sector of Uzbekistan.

Training participants from Banking and Finance Academy of the Republic of Uzbekistan (BFA) and improving the qualifications of representatives of the banking and financial sector of Uzbekistan was carried out through transferring experience and familiarization with financial instruments on an example of the "Deutsche Bank AG", such as introduction to corporate governance, financial reporting, evaluation of financial performance, investment evaluation, methods of corporate financing, organization, swaps, etc.

The main partners of Deutsche Bank for the organization and holding the training courses in Uzbekistan were: BFA, Fund for support of export of small business and private entrepreneurship and Association for Development of Business Logistics.

Participants from Banking and Finance Academy of the Republic of Uzbekistan (BFA), researchers and teachers from Tashkent State University of Economics (TSUE), employees of the National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU) and other commercial banks of Uzbekistan took part in the lecture course.

As noted at the training courses in a globalizing world economy the effectiveness of any business is largely determined by the rationality of financial flows and their harmonious combination with the logistics supply chain

Today, in countries with dynamically developing economy various financial management tools are used. The main ones are: forecasting, planning, taxation, insurance, lending, payment system, the system of financial support, trust operations, collateral operations, transfer operations, factoring, renting and leasing. In general they represent a system of financial logistics.

Financial logistics tools help to solve various problems suppliers and customers. They are used to finance the purchase of raw materials, components and finished goods, supplies on credit terms and protection from the risk of losses in the commercial lending, as well as the execution of production orders.

The specialists of Deutsche Bank noted that the professionalism of the employees of the banking sector depends on which of the financial logistics tools it can offer an entrepreneur to reach the companies goals.